Sumavision invests in French VR firm VideoStitch

Sumavision Technologies Co Ltd, China's leading provider of video delivery, has invested $300,000 in France's VideoStitch, which is engaged in offering virtual reality video production solutions.

It said the strategic cooperation will speed up the application of the world's advanced VR technologies in China's broadcasting, TV and video sectors.

"We are committed to developing the new generation of video communication technology," said Wang Zhe, general manager of Sumavision Technologies' investment department.